ISPs' required disclosures "will allow consumers to make an informed decision about which Internet service provider is best for them and give entrepreneurs the information they need as they develop new products and services", Pai wrote.
"The American people know they can not trust their internet service providers to do the right thing and protect a free and open internet unless there are strict rules in place", Sen.
"Cable and phone companies won't start misbehaving right away, because they know they're being watched", Evan Greer, deputy director of the digital rights group Fight for the Future, said in a statement. According to Wired, Comcast, the nation's largest broadband provider, is momentarily forbidden from violating net neutrality rules under the terms of the government's approval of its 2011 acquisition of NBC Universal.
Paid-prioritization, enables ISPs to charge access fees to content providers like Google, Facebook, and Netflix in order to send content to consumers. The intention was to keep the internet open and fair.
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For anyone who hasn't been following, net neutrality is the concept of treating all internet traffic the same, no matter where it originates from.
"Now, on June 11, these unnecessary and harmful internet regulations will be repealed and the bipartisan, light-touch approach that served the online world well for almost 20 years will be restored", Pai said in a statement last month. "Democrats are fighting in the courts and in the Congress to protect Americans' interests and restore these vital protections, and we will continue to demand a vote on Congressman Mike Doyle's resolution to force a vote to restore net neutrality". However, the bill has yet to be voted on in the House.
However, companies are likely to drop these self-imposed restrictions; they will just wait until people aren't paying a lot of attention, said Marc Martin, a former FCC staffer who is now chairman of communications practice at the law firm Perkins Coie.
The rules oblige Internet service providers, or ISPs, to enable access of all content and applications, regardless of the source, and without favoring or blocking particular products or websites. It's a major turning point for Internet policy and the Web as a whole, as broadband providers will enjoy additional freedom to seek new ways of making money in a rapidly changing market.